Digital transformation and sustainability sit at or near the top of most corporate agendas in 2023. According to a KPMG survey, two-thirds of Canadian CEOs report having an aggressive digital investment strategy, while 71 per cent1recognize that stakeholder scrutiny of their performance on environmental, social and governance (ESG) issues is continuing to accelerate. 1 “The pressure is on companies to progress their ESG commitments, and those who bring a technology lens to their sustainability strategy will be better positioned in the long run,” says Ally Karmali, ESG partner and ESG Data & Technology lead at KPMG in Canada. “It’s more advantageous to start thinking about ESG and digital transformation as working in lockstep, and then make decisions that serve both priorities.” As part of that process, companies need to set clear ESG goals and be prepared to act quickly in a rapidly evolving regulatory environment, explains Mr. Karmali. “This includes coming to grips with the rate at which ESG reporting frameworks are being published, in both speed and quantity, and making hard decisions as competing priorities vie for limited economic resources and human capital.” He says the increased frequency of extreme weather events, like this summer’s unprecedented forest fires […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
